1918 E 1ST Avenue
Vancouver
V5N 1B4
$1,488,000
Residential Detached
beds: 7
baths: 3.0
2,266 sq. ft.
built: 1912
- Status:
- Active
- Prop. Type:
- Residential Detached
- MLS® Num:
- R2702815
- Bedrooms:
- 7
- Bathrooms:
- 3
- Year Built:
- 1912
- Photos (40)
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Attention Investors! Amazing opportunity to own this 3 storey, flat and above grade rental revenue property located in a superb central location, minutes to thriving Commercial Drive, schools, parks, amenities, shops and skytrain. Own three self contained rental suites that can generate current market rent of at least $6000/mth OR convert to AirBNB without having to deal with pesky strata councils! At less than $500K/door this is an excellent investment with a potential land assembly value for a Multifamily RM-11N Zoning at up to 1.7FSR. Rental demand is high in this area, with a little update, this property has tremendous rental revenue upside and can generate income for generations to come. Seller has business license to rent out all 3 units, over last 50 years.
- Property Type:
- Residential Detached
- Dwelling Type:
- House/Single Family
- Home Style:
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- Year built:
- 1912 (Age: 110)
- Total area:
- 2,266 sq. ft.
- Total Floor Area:
- 2,266 sq. ft.
- Price Per SqFt:
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- Total unfinished area:
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- Main Floor Area:
- 605 sq. ft.
- Floor Area Above Main:
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- Floor Area Above Main 2:
- 793 sq. ft.
- Floor Area Below Main:
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- Basement Area:
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- No. Floor Levels:
- 3.0
- Rainscreen:
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- Bedrooms:
- 7 (Above Grd: 7)
- Bathrooms:
- 3.0 (Full:3/Half:0)
- Kitchens:
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- Rooms:
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- Taxes:
- $3,658.06 / 2021
- Lot Area:
- 2,928 sq. ft.
- Lot Frontage:
- 24'
- Lot Depth:
- 122
- Exposure / Faces:
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- Rear Yard Exposure:
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- Outdoor Area:
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- Pad Rental:
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- # or % of Rentals Allowed:
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- Water Supply:
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- Plan:
- VAP377, 234, 1771
- Total Units in Strata:
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- Heating:
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- Construction:
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- Foundation:
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- Basement:
- None
- Full Height:
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- Crawl Height:
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- Roof:
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- Floor Finish:
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- Fireplaces:
- 0
- Fireplace Details:
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- Parking:
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- Parking Total/Covered:
- 2 / -
- Parking Access:
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- Driveway:
- Gravel
- Exterior Finish:
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- Title to Land:
- Freehold NonStrata
- Flood Plain:
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- Suite:
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- Floor
- Type
- Size
- Other
- Floor
- Ensuite
- Pieces
- Other
- Range Top, Refrigerator, Storage Shed
- Central Location, Lane Access, Recreation Nearby, Shopping Nearby
- Storage
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Listed by Oakwyn Realty Encore
Data was last updated July 2, 2022 at 04:40 AM (UTC)
Area Statistics
- Listings on market:
- 46
- Avg list price:
- $1,998,500
- Min list price:
- $1,349,000
- Max list price:
- $3,999,999
- Avg days on market:
- 33
- Min days on market:
- 3
- Max days on market:
- 1,142
- Avg price per sq.ft.:
- $915.78
These statistics are generated based on the current listing's property type
and located in
Grandview Woodland. Average values are
derived using median calculations.
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- HOLLY CALDERWOOD
- ROYAL LEPAGE SUSSEX
- 1 (604) 5619699
- Contact by Email
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.